CSX Corp. (CSX) Declares $0.24 Quarterly Dividend; 1.4% Yield

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CSX (CSX) PT Lowered to $80 at Citi

October 3, 2019 6:31 AM EDT

Citi analyst Christian Wetherbee lowered the price target on CSX (NASDAQ: CSX) to $80.00 (from $86.00) while maintaining a Buy rating.

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CSX Corp. (CSX) announced appointments of Kevin Boone as EVP and CFO

October 2, 2019 4:11 PM EDT

CSX (NASDAQ: CSX) today announced the appointments of Kevin Boone as executive vice president and chief financial officer and Jamie Boychuk as executive vice president of Operations. Ed Harris, who previously led the Operations function, will continue as executive vice president with a combination of operating and general executive responsibilities.

Both Kevin and Jamie have played a significant role in the companys recent transformation and are great additions to our executive team, said CSX President and Chief Executive Officer James M. Foote. Kevins strong... More

CSX (CSX) PT Lowered to $85 at Barclays

October 2, 2019 4:28 AM EDT

Barclays analyst Brandon Olgenski lowered the price target on CSX (NASDAQ: CSX) to $85.00 (from $87.00) while maintaining a Overweight rating.... More

Hyundai, Kia sue four big U.S. railroads over fuel surcharges

October 1, 2019 10:45 AM EDT

By Jonathan Stempel

(Reuters) - Hyundai Motor Co and its Kia affiliate have sued the four largest U.S. railroads, accusing them of violating U.S. antitrust law by conspiring to drive up shipping costs though coordinated fuel surcharges.

The South Korean automakers filed three lawsuits on Monday accusing BNSF, CSX Corp (NASDAQ: CSX), Norfolk Southern Corp (NYSE: NSC) and Union Pacific Corp (NYSE:... More